πŸ”₯$550k+ spread πŸ’° Potential 3 unit! 🏘️ Santa Ana, CA 🌴 Large Lot

Orange County, Santa Ana, CA, 92703
Sold
Listed at: January 24th, 2023
Price
$650,000
ARV
$1,200,000
Gross Margin
$550,000
Sq. Footage
1860
Type
Single-Family
Parking
Detached Garage
Year build
1945
Lot size
7250.00 sqft
Bedrooms
4
Bathrooms
4
Half Bathrooms
0
Summary

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FIRST COME FIRST SERVE

 

βœ… ASKING PRICE: $650,000 OBO

βœ… AFTER REPAIR VALUE: $900,000 - $1.2M

REPAIRS: To be determined by buyer


DESCRIPTION:

2bd 2bth Main / 1bd 1bth attached unit/ detached garage Studio 1bth

Sqft: 1,860 sqft

Lot Size: 7,250 sqft

Year: 1945

Parcel Number: 10042417


OFF MARKET


Unit Mix:

Main House- 2bd 2bth 900 sqft

Attached to Main House-

1bd 1bth 500-600 sqft unpermitted

Detached 2-Car Garage-

Studio 1bth 360 sqft unpermitted


TOTAL:

SQFT 1,860 sqft

BED: 4 bedrooms

BATH: 4 bathrooms

UTILITIES: Combined


PHOTOS:

https://www.dropbox.com/scl/fo/xhxucb45p0b831t85lk3r/h?dl=0&rlkey=7rnc0383lvao1w5hlhtbdx1oe


Property Perks:

CHEAPEST DUPLEX ON THE MLS RIGHT NOW IS 800,000! You’re getting the cheapest multi unit in Santa Ana by $150,000!

The main property is well carred for and needs little rehab, just cosmetic updates.

This property has the potential and room to create 3 units on one lot, bringing in an ARV of $1.1M-1.2M based on duplex comps that have sold in Santa Ana. 

**No City Violations**

THE VALUE IS IN getting permits and CONVERTING THIS TO 3 UNITS not a quick fix and flip


COE: Feb 21, 2023

HOLD BACK: $20,000 (can be negotiated for a larger amount)


DELIVERED With Occupant: Sellers brother lives in main property and another relative in garage but will be relocating 30 days after COE

EMD: $10,000


Comp:

728 N Euclid St, Santa Ana, CA 92703

Duplex

Sold: $1,300,000 Sold on 03/22/22


☎️ CALL OR SHOOT A πŸ“± TEXT FOR MORE INFO ON THIS KILLER DEAL!!!!

951-755-0805


Videos

EXTERIOR

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Cameron Tate

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